Armenia’s monetary base shrank 5.1% in June 2015, compared with the previous month, to about AMD 818 billion, the National Statistical Service of Armenia reports referring to the central bank’s preliminary figures

The board of the International Monetary Fund decided Wednesday that Greece was disqualified for any IMF bailout given its high debt levels and poor reform record, vestifinance.ru reports referring to The Financial Times

The European Bank for Reconstruction and Development has successfully placed the fourth issue of dram coupon bonds (EBRDB4) worth AMD 2 billion with a floating interest rate at NASDAQ OMX Armenia, the press office of the stock exchange reported on Wednesday

All the commercial banks operating in Armenia’s territory (21 banks) are included in the list of the country’s 1000 biggest taxpayers – they transferred around AMD 22.5 billion in Jan-June 2015 against the same period a year earlier, the government-affiliated State Revenue Committee reports on its website

In an interview with ARKA news agency Professor Ashot Tavadyan said members of the Eurasian Economic Union (EEU) should switch to mutual settlements of accounts for energy resources in their national currencies

Currency fluctuations do not have a significant impact on the rise in electricity prices in Armenia, Professor Ashot Tavadyan said in an interview with ARKA news agency when presenting the findings of a relating research conducted by a team of experts led by him

Armenia’s economic growth in 2015 may slow down to 0.8%, according to Artak Azizyan, head of a department at the Eurasian Fund for Stabilization and Development, managed by the Eurasian Development Bank

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